Question: All other things equal, a bond's duration is: Question 1 2 Select one: a . The same at all yield rates b . Indeterminable when

All other things equal, a bond's duration is:
Question 12Select one:
a.
The same at all yield rates
b.
Indeterminable when the yield to maturity is high
c.
Higher when the yield to maturity is higher
d.
Lower when the yield to maturity is higher

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